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Talking Points
- A Triangle chart formation hints at uptrend continuation ahead
- Pushing above 1.0699 (Triangle top) initially exposes 1.0736 (Dec 19 high)
- Below support at 1.0629 (Triangle bottom) targets 1.0605 (23.6% Fib ret.)
Confirm your chart-based trade setups with the Technical Analyzer.
— Written by Ilya Spivak, Currency Strategist for DailyFX.com
Contact and follow Ilya on Twitter: @IlyaSpivak
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